the assessee has total taxable income above 5 lakhs then e filing is compulsory. my doubt is whether i can file a return without digital signature or digital signature is mandatory. please clarify my doubt
My client is salaried person. Filed his return on 22nd September 2011 for the AY 2011-12.
He got a notice u/s 143(2) & 142(1) of ITO on 06/08/2012. We replied on the points required on 12/09/2012.
From that date to till date we have not received any information from ITO.
Now as on 08/07/2013, he got again notice u/s 143(2)from JCIT.
I want to know that is it valid notice with reference to the following.
" Notice u/s 143(2) has to be served on the assessee within a period of 6 months from the end of the financial year in which return is furnished."
What should us do?
Please provide link of articles posted related to "Care to be taken while attending scrutiny proceedings". if any available.
thanks
Suppose A of Delhi has purchased certain goods from B of Mumbai.B has raised and Invoice on A which is as follows-
Goods Value Rs 30000
Excise & Cess(12.36%) Rs 3708
CST (2%) Rs 674
Subtotal Rs 34382
Insurance Rs 20
Freight Advance Rs 2000
Total Rs.36402
Now A will issue C-form to B for which value-
a) 33708
b) 34382
c) 34402
d) 36402
Dear Experts
WHAT IS THE MOT & SEAL CHARGES ACCOUNTING CODE ? FOR DEPOSIT MOT ONLINE.
Sir, on verification of ITR V it is noticed that the fathers name of the assessee is incorrect, how do I rectify the mistake ?? pls guide me.
what are the appeals available to an assesee if he has genuinely purchased goods from a dealer and taken the credit but the dealer has failed to deposit the sales tax and has been described as hawala
Hi all,
My friend wanted to e-file IT Return.
We find that
1. He has shifted during the year and there is a change in address not changed in PAN Details yet.
2. His name and his father name interchanged in PAN.
3. In 26AS we find the tax deducted so far for his PAN.
Since there is no time left to apply for change in PAN before 31st July. What do you suggest?
Shall we go ahead and file return with the existing PAN details? And apply for change in PAN so we can revise return later?
Or apply for PAN Change now? If not changed before due date we might miss due date and interest for delay return and other issues might come.... PLease help!!!!!!!! thanks in advance...
P.S This is his first IT Return
I want to apply for membership and currently not doing anything but planning to work as an employee in CA firm or in some industry.. so do i apply for COP or not.. as once we do not apply for COP and afterwards if we want it there is there is big procedure which needs to b followed they will ask d reason for aplying for COP afterwards..
Also is annual membership of 800rs is in addition to 2000 rs for COP.
Individual having cash more than 50000 in proprietorship.
Will this cash be included in net wealth?
Individual has a motor car which is used for business purpose (proprietorship).
Will this cash be included in net wealth?
hi
hello my yearly lic comm is Rs 810,000/-
can file return us 44ad or some other section of income tax where i can directly pay certain percentage of my comm
pls advise
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